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Will I lose my credit cards in a Chapter 7 bankruptcy?

The outcome regarding credit cards in a chapter 7 case depends on the facts and circumstances of each debtor and credit card company. For example, some credit card companies are more willing than others to negotiate with debtors or to keep bankrupt debtors as customers. Other factors include the size of the credit card debt and the debtor’s forecasted ability to pay off debt.

To find out more information about what you need to do to complete a Chapter 7 bankruptcy in Minnesota, please contact an experienced Minneapolis Chapter 7 bankruptcy lawyer at (952) 388-2942 or (800) 619-8991 and please read our FREE book: What You Need to Know About Filing Bankruptcy in Minnesota.